France’s Macron: From now on, a new era must start with new compromises
French President Emmanuel Macron said on Thursday that he will name a new Prime Minister in the coming days whose top priority will be getting a 2025 budget adopted by parliament, per Reuter.
Key quotes
- Says he will carry out his full mandate as President.
- Says he will name a new Prime Minister within days.
- Calls for snap elections this summer is a decision that political actors haven't understood.
- Early next year, the new government will draft a new budget bill.
- New budget will allow for needed investments.
Market reaction
At the time of writing, the EUR/USD pair is trading unchanged on the day to trade at 1.0583.
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